Just a few years ago, 23andMe was synonymous with a pioneer in the field of genetic testing for consumers. Its IPO took place in 2021, and at the peak of its performance, the company boasted a total value of around $6 billion, but since then the dream has gradually crumbled. The troubled period began with a massive leak of sensitive data of its customers, later the situation worsened financially, and bankruptcy is currently underway, in which Regeneron is involved. Will it help?
On Tuesday, May 13, 2025, the United States and Saudi Arabia announced the conclusion of a strategic economic partnership worth $600 billion. A key part of this package are large-scale agreements on cooperation in the field of artificial intelligence (AI), which can fundamentally reshape not only Saudi Arabia's position in the global technology rankings, but also the direction of American AI companies, geopolitical tensions with China, and the future of AI infrastructure in the wider Middle East region.
While technology stocks exceled and the S&P 500 or Nasdaq Composite have erased most of this year’s losses due to trade deal hopes between the US and China, the Dow Jones Industrial Average (DJI) has not yet been hit by this optimism. As of May 14, 2025, it has fallen by another 0.64% and so far, it does not look like its situation will improve anytime soon. This is mainly due to the sharp fall in shares of UnitedHealth Group, the largest American health insurance company.
Many social platforms are currently exposed to the uncertainties of US trade policy, changing advertising and the preferences of young users. Pinterest, on the other hand, quietly but emphatically shows that it can move forward even in such a headwind. Although the results for the first quarter of 2025 were not without reservations, the overall picture that the company is building certainly deserves the attention and trust of investors. In addition, Pinterest's share price itself has already reacted, rising by 20%. The question from investors is clear: "Can Pinterest keep it?"
Food delivery services experienced a downturn after the pandemic, but the plans of some companies suggest a revival of the sector. One of them is the American giant DoorDash, which announced important acquisitions, strengthening its current position and providing room for expansion. The continued strong demand from customers has also been reflected in the company’s financial results, with some financial indicators reaching record levels, leading to the overcoming of previous losses.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.99% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.